The Influence of Profitability, Liquidity and Market Value on Stock Returns - Research to Mining Companies on Indonesia Stock Exchange from 2012 To 2016

Rosmayanti Rosmayanti, Imas Purnamasari, Heraeni Tanuatmodjo

Abstract

This research purpose to prove the influence profitability, liquidity and market value to towards the stock return at mining companies listed on Indonesia Stock Exchange. This study consists of independent variables and dependent variables. The independent variables in this research are profitability, liquidity and market value, while the dependent variable in this research is stock return. The profitability variable is measured by Return on Assets (ROA), the liquidity variable measured by the Current Ratio (CR), the variable of market value measured by Price to Book Value (PBV) and Stock Return variable is measured with capital gain. This research design used quantitative research with descriptive study with verification method. The population in this research is mining companies listed on the Indonesia Stock Exchange (BEI) of 36 companies. The technique for collecting samples is based on purposive sampling to get 10 companies. Statistical analysis used in this research is multiple linear regression analysis with regression significance test (Test F) and significance test of regression coefficient (t test). F test results show that the regression model can be used to make conclusions that illustrate profitability, liquidity and market value to stock returns. The result of t test statistic shows that profitability and liquidity have no effect on stock return, while market value have positive effect to stock return.

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Paper Citation


in Harvard Style

Rosmayanti R., Purnamasari I. and Tanuatmodjo H. (2017). The Influence of Profitability, Liquidity and Market Value on Stock Returns - Research to Mining Companies on Indonesia Stock Exchange from 2012 To 2016.In 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP, ISBN 978-989-758-315-5, pages 415-420. DOI: 10.5220/0007083304150420


in Bibtex Style

@conference{iciebp17,
author={Rosmayanti Rosmayanti and Imas Purnamasari and Heraeni Tanuatmodjo},
title={The Influence of Profitability, Liquidity and Market Value on Stock Returns - Research to Mining Companies on Indonesia Stock Exchange from 2012 To 2016},
booktitle={1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,},
year={2017},
pages={415-420},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007083304150420},
isbn={978-989-758-315-5},
}


in EndNote Style

TY - CONF

JO - 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,
TI - The Influence of Profitability, Liquidity and Market Value on Stock Returns - Research to Mining Companies on Indonesia Stock Exchange from 2012 To 2016
SN - 978-989-758-315-5
AU - Rosmayanti R.
AU - Purnamasari I.
AU - Tanuatmodjo H.
PY - 2017
SP - 415
EP - 420
DO - 10.5220/0007083304150420